Forget adding time, entire programs are now getting cut

Jason Svoboda

The Bird Level
Administrator
Professor of Sports BUSINESS suggests they should be cutting the funds from the revenue generators first before dropping total loss sports. While I get the theory, not sure I can agree with it. Hypothetically, if you cut funds in the revenue generating sports and then they fall off, the impact is going to be more severe when that reaches critical mass I'd think.
 

Bluethunder

Hugh McAwesome
Supporter
I get what you are saying, but it would be a bitter pill to swallow if you were the men's tennis coach and the school cut your sport to save 250,000 a year while paying the football coach 5 million.
 

Jason Svoboda

The Bird Level
Administrator
I get what you are saying, but it would be a bitter pill to swallow if you were the men's tennis coach and the school cut your sport to save 250,000 a year while paying the football coach 5 million.
I agree but that's just business, right? I equate the same thing to allowing the power schools to rake in cash, cheat and it be business as usual. The NCAA and member schools need to make a decision in the near future with regards to this.
 

4Q_iu

The Nicks Level
Supporter
Brown Univ, Ivy League, Endowment of $4.2B announcing the cut (actually a move from Varsity Intercollegiate to club) of 11 sports

sports.yahoo.com/ivy-leagues-brown-university-cuts-232857361.html

Club coed sailing and women's sailing will transition from club to varsity, while men's and women's fencing, men's and women's golf, women's skiing, men's and women's squash, women's equestrian, and men's track, field, and cross country will transition from varsity to club.

Only Stanford & Harvard had more than the 38 varsity teams fielded by Brown beginning in the 2019-'20 academic year, with more than 900 students participating.

Athletic Director Jack Hayes said 150 student-athletes and seven coaches would be affected by the changes, with $500,000 in funding being moved from the eliminated sports to those that were kept.
 

needles

The Sycamore Level
Fortunately it seems like ISU will head into the fall unscathed. I would still like to know what they are doing to mitigate the loss of revenue received by the NCAA. Anyone know?
 

Jason Svoboda

The Bird Level
Administrator
Fortunately it seems like ISU will head into the fall unscathed. I would still like to know what they are doing to mitigate the loss of revenue received by the NCAA. Anyone know?
Most schools have been doing across the board salary cuts. I'd be shocked if we haven't done that.

I posted the thing about UnderArmor and UCLA. We're an UA school and word on the street is they're not doing well financially and could go under. It's only a matter of time before hard choices have to be made at State.
 

meistro

The Newsom Level
Supporter
Challenging times for sure. I'm afraid we're gonna see the gap between the haves and have nots get bigger. I'm think we're gonna have an extended recession because of this virus. Our business has done fine in the short term, but I'm starting to see a slow down in the long term. ISU sports relies on smaller companies for donations and I've heard some of those businesses may be struggling to fulfill their commitment. I would think this next year will be a real struggle.
 
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